When buying and selling silver in the states are their any tax issues I should be aware of. I dont want to be caught of guard when it comes to year end taxes. Thanks
If you buy and resell PM's at a profit in the US, that profit is subject to IRS capital gains tax (similar to owing tax on profits made trading stocks or by buying/selling real estate). Whatever state you live in may or may not tax that profit on the state level, but I suspect most of them probably do.
